Utilities Fund Competition

Mutual Funds . USA . 
Fund . Utilities Fund Class
RYUTX Fund  USD 51.47  0.05  0.1%   
Utilities Fund Class competes with Dominion Energy, Atlantica Sustainable, Consolidated Edison, Eversource Energy, and FirstEnergy; as well as few others. The fund is listed under Utilities category and is part of Rydex Funds family. Analyzing Utilities Fund competition allows you to expand the diversification possibilities of your existing portfolios and to get a better perspective on locking in new positions. Investors sometimes prefer comparable analysis of Utilities Fund to its intrinsic valuation because they are able to contrast its competitors on a relative basis. Check out Utilities Fund Correlation with its peers.
You can use the Comparative Equity Analysis module to analyze the advantages of investing in your portfolio's related equities across multiple sectors and thematic ideas. Please use the input box below to enter symbols for particular investments you would like to analyze. With the equity comparison module, you can estimate the relative effect of Utilities Fund competition on your existing holdings.
  
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Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Utilities Fund's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Hype
Prediction
LowEstimatedHigh
50.5251.4752.42
Details
Intrinsic
Valuation
LowRealHigh
50.9651.9152.86
Details

Utilities Fund Competition Correlation Matrix

Typically, diversification allows investors to combine positions across different asset classes to reduce overall portfolio risk. Correlation between Utilities Fund and its competitors represents the degree of relationship between the price movements of corresponding funds. A correlation of about +1.0 implies that the price of Utilities and its corresponding peer move in tandem. A correlation of -1.0 means that prices move in opposite directions. A correlation of close to zero suggests that the price movements of assets are uncorrelated; in other words, the historical price movement of Utilities Fund Class does not affect the price movement of the other competitor.
Click cells to compare fundamentals   Check Volatility   Backtest Portfolio
High positive correlations   
FE
+ 0.93
ES
ES
+ 0.92
ED
FE
+ 0.92
ED
SO
+ 0.92
ED
NI
+ 0.88
AY
SO
+ 0.86
D
  
High negative correlations   
ES
- 0.78
AY
ED
- 0.78
AY
FE
- 0.74
AY
NI
- 0.62
ES
SO
- 0.61
AY
NI
- 0.6
ED

Risk-Adjusted Indicators

There is a big difference between Utilities Mutual Fund performing well and Utilities Fund Mutual Fund doing well as a business compared to the competition. There are so many exceptions to the norm that investors cannot definitively determine what's good or bad unless they analyze Utilities Fund's multiple risk-adjusted performance indicators across the competitive landscape. These indicators are quantitative in nature and help investors forecast volatility and risk-adjusted expected returns across various positions.
Mean DeviationJensen AlphaSortino RatioTreynor RatioSemi DeviationExpected ShortfallPotential UpsideValue @RiskMaximum Drawdown
D  1.03 (0.08) 0.00 (0.43) 0.00 
 0.00 
 1.83 
(2.31)
 7.68 
AY  0.08  0.02 (0.59)(0.82) 0.00 
(0.10)
 0.23 
(0.18)
 0.60 
ED  0.83 (0.17) 0.00 (1.03) 0.00 
 0.00 
 1.26 
(1.96)
 4.57 
ES  0.94 (0.17) 0.00  1.84  0.00 
 0.00 
 1.74 
(2.92)
 6.03 
FE  0.71 (0.14) 0.00 (0.73) 0.00 
 0.00 
 1.09 
(1.53)
 4.03 
HE  1.97 (0.08) 0.00  0.37  0.00 
 0.00 
 4.03 
(5.79)
 14.34 
NI  0.76  0.11  0.05  0.59  0.73 
(0.87)
 1.54 
(1.80)
 4.71 
SO  0.80 (0.09) 0.00 (2.46) 0.00 
 0.00 
 1.32 
(1.72)
 4.59 
SR  1.00  0.00 (0.01) 0.09  1.17 
(1.16)
 2.57 
(1.77)
 6.47 
VGAS  2.42 (0.14) 0.00 (0.04) 0.00 
 0.00 
 5.97 
(6.02)
 19.99 
All Fundamental Data

Utilities Fund Competitive Analysis

The better you understand Utilities Fund competitors, the better chance you have of utilizing it as a position in your portfolios. From an individual investor's perspective, Utilities Fund's competitive analysis can cover a whole range of metrics. Some of these will be more critical depending on who you are as an investor and how you react to market volatility. However, if you are locking your investment sandscape to a long-term horizon, comparing the fundamental indicator across Utilities Fund's competition over several years is one of the best ways to analyze its investment potential.
    
 Better Than Average     
    
 Worse Than Peers    View Performance Chart
RYUTX D AY ED ES FE HE NI SO SR
 0.1 
 51.47 
Utilities
 0.00 
 54.04 
Dominion
 0.05 
 21.99 
Atlantica
 0.09 
 92.69 
Consolidated
 0.45 
 59.52 
Eversource
 0.12 
 40.27 
FirstEnergy
 1.29 
 10.20 
Hawaiian
 0.05 
 36.55 
NiSource
 0.20 
 83.20 
Southern
 0.60 
 67.70 
Spire
Market Volatility
(90 Days Market Risk)
Very steady
Very steady
Very steady
Very steady
Very steady
Very steady
Somewhat reliable
Very steady
Very steady
Very steady
Market Performance
(90 Days Performance)
Very Weak
Very Weak
Solid
Very Weak
Very Weak
Very Weak
Very Weak
OK
Very Weak
Weak
Odds of Financial Distress
(Probability Of Bankruptcy)
Low
Very Low
Very Small
Very Low
Below Average
Below Average
Below Average
Below Average
Below Average
Below Average
Current Valuation
(Equity Enterprise Value)
Fairly Valued
Fairly Valued
Fairly Valued
Over Valued
Fairly Valued
Fairly Valued
Over Valued
Over Valued
Over Valued
Fairly Valued
Buy or Sell Advice
(Average Analysts Consensus)
Not Available
Buy
Hold
Buy
Buy
Buy
Hold
Strong Buy
Buy
Hold
Trade Advice
(90 Days Macroaxis Advice)
Cautious Hold
Hold
Strong Sell
Cautious Hold
Cautious Hold
Hold
Strong Sell
Strong Hold
Hold
Strong Hold
Current Ratio
N/A
0.71
2.07
0.83
0.71
0.66
9.61
0.63
0.85
0.68
Net Asset
19.89 M
109.03 B
8.71 B
66.33 B
55.61 B
48.77 B
17.24 B
31.08 B
139.33 B
10.86 B
Profit Margin
N/A
0.17
0.0306
0.12
-0.0473
0.0673
-0.35
0.15
0.18
0.0942
EBITDA
N/A
6.82 B
828.5 M
6.06 B
1.4 B
3.73 B
636.23 M
2.21 B
11.74 B
789.1 M
Price To Book
1.66
1.73
1.98
1.47
1.45
1.87
1.12
2.04
2.74
1.31
Operating Margin
N/A
0.36
0.33
0.21
0.21
0.22
-0.27
0.2
0.35
0.079
Current Valuation
N/A
87.99 B
7.46 B
58.31 B
50.25 B
46.47 B
3.4 B
30.55 B
155.22 B
8.84 B
Five Year Return
5.69
4.18
5.57
3.68
2.77
4.02
3.33
3.14
4.39
3.42
Retained Earnings
N/A
3.52 B
(351.52 M)
13.38 B
4.14 B
(97 M)
926.72 M
(967 M)
12.48 B
1.02 B
Current Asset
N/A
4.19 B
701.43 M
3.84 B
2.62 B
2.45 B
553.92 M
1.58 B
2.93 B
287.89 M
One Year Return
26.3
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
Beta
N/A
0.6
1.0
0.35
0.62
0.5
0.54
0.51
0.51
0.54
Cash Position Weight
0.3
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
Equity Positions Weight
99.51
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
Number Of Employees
1
17.7 K
1.37 K
14.59 K
10 K
12.04 K
3.6 K
7.36 K
27.82 K
3.59 K
Shares Outstanding
N/A
840.01 M
116.17 M
346.46 M
366.4 M
576.32 M
172.47 M
466.78 M
1.1 B
57.76 M
Three Year Return
6.81
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
Cash Flow From Operations
N/A
6.57 B
422.38 M
2.16 B
1.65 B
1.39 B
551.47 M
1.94 B
7.55 B
912.4 M
Annual Yield
0.027
0.0494
0.0805
0.0358
0.0481
0.0422
N/A
0.029
0.0346
0.0462
Total Debt
N/A
44.24 B
5.49 B
25.01 B
26.75 B
24.91 B
4.04 B
14.13 B
63.49 B
989 M
Return On Equity
N/A
0.085
0.0174
0.0858
-0.0349
0.0831
-0.68
0.0876
0.13
0.0784
Return On Asset
N/A
0.0259
0.019
0.0322
0.0299
0.0271
-0.12
0.0297
0.0348
0.0284
Number Of Shares Shorted
N/A
17.06 M
1.21 M
7.02 M
4.26 M
11.23 M
10.67 M
8.17 M
19.48 M
1.61 M
Book Value Per Share
N/A
31.17
12.26
63.29
41.34
21.56
9.14
17.88
30.39
53.53
Minimum Initial Investment
2.5 K
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
Current Liabilities
N/A
8.12 B
606.02 M
4.72 B
2.99 B
5.25 B
5.29 B
2.66 B
4.99 B
366.28 M
Total Asset
5.58 M
109.03 B
8.71 B
66.33 B
55.61 B
48.77 B
17.24 B
31.08 B
139.33 B
10.86 B
Last Dividend Paid
1.01
2.67
N/A
3.3
2.82
1.67
0.36
1.06
2.84
N/A
Debt To Equity
N/A
1.56
3.27
1.24
1.44
1.89
1.27
1.34
1.7
1.55
Short Ratio
N/A
3.43
1.25
3.12
1.9
3.7
3.49
2.05
4.17
4.32
Target Price
N/A
59.51
22.0
100.47
71.62
47.13
10.5
38.12
92.02
70.39
Shares Owned By Institutions
N/A
77.48
53.92
68.21
84.3
93.79
69.55
96.54
70.69
89.44
Market Capitalization
N/A
45.39 B
2.55 B
32.11 B
21.81 B
23.21 B
1.76 B
17.06 B
91.16 B
3.91 B
Price To Earning
18.45
28.56
242.05
20.35
20.33
17.96
22.25
17.24
20.67
18.9
Price To Earnings To Growth
N/A
2.04
5.2
8.67
2.07
1.22
5.89
2.07
2.98
2.45
Price To Sales
1.46
3.11
2.25
2.14
1.88
1.75
0.48
3.23
3.45
1.5
Net Income
N/A
2.16 B
43.38 M
2.52 B
(442.24 M)
1.18 B
201.13 M
674.4 M
3.98 B
250.9 M
Earnings Per Share
N/A
2.71
0.25
5.32
-1.61
1.55
-11.72
1.64
4.29
4.19
Shares Owned By Insiders
N/A
0.12
42.27
0.18
0.26
0.12
0.21
0.13
0.15
2.7
Year To Date Return
24.06
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
Revenue
N/A
14.39 B
1.1 B
14.66 B
11.91 B
12.87 B
3.68 B
5.51 B
25.25 B
2.59 B
Ten Year Return
9.6
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
Working Capital
N/A
911 M
374.4 M
75 M
(2.09 B)
(2.82 B)
8.23 B
(765.7 M)
(3.04 B)
(678.5 M)
Cash And Equivalents
N/A
153 M
853.12 M
1.28 B
327.01 M
160 M
199.88 M
40.8 M
1.92 B
6.5 M
Cash Per Share
N/A
0.26
7.4
0.28
1.39
0.44
1.46
0.19
1.62
0.12
Gross Profit
N/A
7.92 B
1.1 B
7.68 B
5.41 B
8.23 B
754.24 M
2.26 B
10.82 B
887.9 M
Day Typical Price
51.47
54.07
21.99
92.65
59.64
40.31
10.11
36.59
83.1
67.56
Accumulation Distribution
N/A
0.0132
9.0E-4
0.0113
0.0146
0.0084
0.0284
0.0106
0.0082
0.0112
Market Facilitation Index
N/A
0.72
0.02
1.05
0.88
0.34
0.29
0.39
0.68
0.76
Daily Balance Of Power
(9,223,372,036,855)
N/A
0.5
0.0762
(0.31)
(0.15)
0.4483
0.0513
(0.25)
(0.54)
Period Momentum Indicator
(0.05)
N/A
0.01
0.08
(0.27)
(0.05)
0.13
0.02
(0.17)
(0.41)
Rate Of Daily Change
1.0
1.0
1.0
1.0
1.0
1.0
1.01
1.0
1.0
0.99
Day Median Price
51.47
54.08
21.99
92.63
59.7
40.33
10.07
36.62
83.05
67.49
Price Action Indicator
(0.03)
(0.04)
0.005
0.1
(0.31)
(0.09)
0.2
(0.06)
0.065
0.005
Coefficient Of Variation
7678.03
(2,270)
476.13
(702.56)
(751.97)
(734.71)
(2,865)
669.9
(1,303)
1542.4
Mean Deviation
0.7523
1.03
0.0814
0.8255
0.9387
0.7067
1.97
0.7596
0.8037
1.0
Jensen Alpha
(0.02)
(0.08)
0.0152
(0.17)
(0.17)
(0.14)
(0.08)
0.1118
(0.09)
(0.0009)
Total Risk Alpha
(0.12)
(0.24)
(0.0003)
(0.29)
(0.33)
(0.23)
(0.46)
0.0138
(0.21)
(0.09)
Sortino Ratio
(0.09)
N/A
(0.59)
N/A
N/A
N/A
N/A
0.046
N/A
(0.01)
Downside Variance
0.8681
N/A
0.017
N/A
N/A
N/A
N/A
0.8309
N/A
1.49
Standard Deviation
0.9611
1.35
0.1127
1.03
1.25
0.8597
2.81
0.9513
0.9919
1.35
Kurtosis
(0.15)
2.06
1.89
(0.31)
0.7353
(0.32)
2.31
0.3951
(0.14)
1.69
Potential Upside
1.7
1.83
0.2299
1.26
1.74
1.09
4.03
1.54
1.32
2.57
Treynor Ratio
0.0086
(0.43)
(0.82)
(1.03)
1.84
(0.73)
0.3663
0.5893
(2.46)
0.0891
Maximum Drawdown
4.3
7.68
0.5987
4.57
6.03
4.03
14.34
4.71
4.59
6.47
Variance
0.9237
1.83
0.0127
1.07
1.57
0.739
7.88
0.905
0.9838
1.82
Market Risk Adjusted Performance
0.0186
(0.42)
(0.81)
(1.02)
1.85
(0.72)
0.3763
0.5993
(2.45)
0.0991
Risk Adjusted Performance
0.0119
(0.03)
0.098
(0.10)
(0.09)
(0.1)
(0.02)
0.1106
(0.05)
0.0516
Skewness
0.0121
0.6695
(0.16)
0.0425
(0.66)
(0.15)
(0.91)
(0.02)
(0.23)
0.0609
Semi Deviation
0.8976
N/A
0.0
N/A
N/A
N/A
N/A
0.7337
N/A
1.17
Information Ratio
(0.09)
(0.12)
(0.68)
(0.24)
(0.21)
(0.25)
(0.07)
0.044
(0.18)
(0.01)
Value At Risk
(1.83)
(2.31)
(0.18)
(1.96)
(2.92)
(1.53)
(5.79)
(1.80)
(1.72)
(1.77)
Expected Short fall
(0.84)
N/A
(0.1)
N/A
N/A
N/A
N/A
(0.87)
N/A
(1.16)
Downside Deviation
0.9317
N/A
0.1304
N/A
N/A
N/A
N/A
0.9115
N/A
1.22
Semi Variance
0.8056
N/A
(0.01)
N/A
N/A
N/A
N/A
0.5384
N/A
1.36

Utilities Fund Competition Performance Charts

Five steps to successful analysis of Utilities Fund Competition

Utilities Fund's competitive analysis is the process of researching and evaluating its competitive landscape. It provides an understanding of the strengths, weaknesses, opportunities, and threats (SWOT) faced by Utilities Fund Class in relation to its competition. Utilities Fund's competition analysis typically involves several steps, including:
  • Identifying the key players in the market: This involves identifying the major competitors of Utilities Fund in the market, both direct and indirect, as well as new entrants and disruptive technologies.
  • Assessing the strengths and weaknesses of each competitor: This involves evaluating each competitor's strengths and weaknesses in areas such as product offerings, market share, brand recognition, financial performance, and distribution channels.
  • Understanding the competitive environment: This involves evaluating the regulatory environment, economic conditions, and other factors that may impact Utilities Fund's competitive landscape.
  • Identifying opportunities and threats: This involves using the information gathered during the analysis to identify opportunities and threats to Utilities Fund Class, and developing a strategy to address them.
  • Evaluating the competitive landscape: This involves understanding the competitive dynamics of the market, such as pricing, marketing, and distribution strategies, as well as analyzing the competitive advantage of each competitor.
Competitive analysis is an essential tool for businesses to stay ahead of the competition and can be used to inform decision-making and strategy development. By understanding the competitive landscape and staying informed about the activities of competitors, a company can make more informed decisions and improve its overall performance.

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Other Information on Investing in Utilities Mutual Fund

Utilities Fund financial ratios help investors to determine whether Utilities Mutual Fund is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Utilities with respect to the benefits of owning Utilities Fund security.
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